Despite reopening, it's still important to maintain six feet of distance between yourself and others.Alvaro Sandroni, professor of managerial economics and decision sciences at the Kellogg School, says game theory can be used to estimate how close others will be to you and minimize your own proximity to them.
However, Sandroni's math does uncover an intriguing new wrinkle. If the person who prefers to stay farther away can somehow randomize her position relative to her counterpart — say, if there's a 50-50 chance that she'll be 10 feet to the left or 10 feet to the right — then her counterpart will have to split the difference, giving her some of the space she craves. And in this scenario, both parties will have done the best they can do under the circumstances.
In game theory, there are two kinds of solutions. Some games have what theorists call a "pure" strategy solution, where one can define the precise move each player would make in order to achieve the best outcome possible, given what the other player does. For instance, tic-tac-toe has a pure-strategy solution; you could write an algorithm that always wins or draws, no matter what moves your opponent makes.
By randomizing, you become unpredictable, meaning that your opponent only has a one in three chance of beating you, no matter what strategy she chooses.Why randomizing your position — or staying put — is your best move For the person who prefers to be further away, the optimal strategy is analogous to rock-paper-scissors: stay unpredictable so that your opponent cannot pin you down.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
KelloggSchool 1. Don’t join tens of thousands of people in cramped quarters to protest?
KelloggSchool Get too close to me and I’ll start coughing wildly. Set, match, game.
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside Net City, Tencent's 320-acre futuristic neighborhood in China - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Please don’t do this US should game up their infra they gotta stop aiding other countries and start aiding themselves. IMO
Source: BusinessInsider - 🏆 729. / 51 Read more »
Paul Tudor Jones: 'We've got Modern Monetary Theory in practice' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The FED has corrupted everything. They were doing emergency repos and lowering rates before the virus. Such BS. Or stoolpresidente 🤣
Source: BusinessInsider - 🏆 729. / 51 Read more »
Business Insider's best investing stories of the week ended June 9 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Where is KimJongUn NorthKorea supreme leader Kim Jong un IS THE DICTATOR DEAD
Source: BusinessInsider - 🏆 729. / 51 Read more »
3 pitfalls African Americans should avoid when building wealth - Business Insider'African Americans represent only 1.5% of all Certified Financial Planners in the country, which means it can be difficult for my community to find representation among financial professionals' books, phone, email, youtube, planes, trains and automobiles exist. Many professionals I use are hours away from me yet I am able to make it work. Sounds like a false narrative. Why do they have to be black Racist First SoftBank then a16z then Google, now soon all of corporate America will come with sad stories or condescending views in support of the poor blacks oppressed just for being black. WTF is going on here?
Source: BusinessInsider - 🏆 729. / 51 Read more »
The simple mindfulness exercise Satya Nadella uses to start his day - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I just drink coffee Wow interesting.
Source: BusinessInsider - 🏆 729. / 51 Read more »